Data as of .
AAOG vs AAOX: which held to its multiple?
Over the days both have traded, AAOG finished 1.0 points from its stated multiple and AAOX 0.9.
ETFIQ Decay Resistance Score: AAOX scores higher
Did it keep up with its own daily multiple, compounded day by day?
A percentile among the 391 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it · How it is computed
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| AAOG | AAOX | AAOG | AAOX | AAOG | AAOX | |
| 1 month | −49.3% | −49.0% | −47.4% | −47.4% | −1.9 pts | −1.6 pts |
| 3 months | −76.4% | −76.3% | −75.4% | −75.4% | −1.0 pts | −0.9 pts |
| Since launch | −84.8% | −69.2% | −88.1% | −15.0% | +3.3 pts | −54.2 pts |
| AAOG Leverage Shares 2X Long AAOI Daily ETF Aims to return twice the daily move of AAOI | AAOX Tradr 2X Long AAOI Daily ETF Aims to return twice the daily move of AAOI | |
|---|---|---|
| Issuer | Leverage Shares | Tradr |
| Sets out to return | +2x | +2x |
| On | AAOI | AAOI |
| Segment | company | company |
| Fund returned, 3 months | −76.4% | −76.3% |
| Underlying returned, 3 months | −37.7% | −37.7% |
| What the stated multiple implies, 3 months | −75.4% | −75.4% |
| Difference from stated, 3 months | −1.0 pts | −0.9 pts |
| Fund returned, 1 year or since launch | −84.8% | −69.2% |
| Difference from stated, over that window | +3.3 pts | −54.2 pts |
| Underlying volatility | 131% | 131% |
| Difference over the days both have traded | −1.0 pts | −0.9 pts |
| Expense ratio | 0.75% | 1.49% |
| Launched | May 12, 2026 | Mar 24, 2026 |
AAOG in plain words
Three months to Sep 11, 2026: AAOG returned −76.4% where its own daily promise gave −74.7%, 1.7 points short. Read the multiple against the whole window instead and +2 times AAOI's −37.7% implies −75.4%, which makes AAOG look 1.0 points short. 0.7 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. AAOG aims to return +2 times AAOI's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. AAOI moved at 131% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
AAOX in plain words
Three months to Sep 11, 2026: AAOX returned −76.3% where its own daily promise gave −74.7%, 1.7 points short. Read the multiple against the whole window instead and +2 times AAOI's −37.7% implies −75.4%, which makes AAOX look 0.9 points short. AAOX aims to return +2 times AAOI's move each day, then resets.
Questions people ask
- Which came closer to its stated multiple, AAOG or AAOX?
- Over the window to Sep 11, 2026, AAOG finished 1.0 points from what its multiple implies and AAOX finished 0.9 points from its own, so AAOX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are AAOG and AAOX levered on the same thing?
- Yes. Both are levered on AAOI, AAOG at +2 times and AAOX at +2 times the daily move.
- Which one decays faster, AAOG or AAOX?
- Decay follows how much the underlying moves about. Over this window AAOG’s moved at 131% annualized and AAOX’s at 131%, so AAOG has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold AAOG or AAOX for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
- Which is cheaper, AAOG or AAOX?
- AAOG charges 0.75% a year and AAOX charges 1.49%, so AAOG is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, AAOG against AAOX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/AAOG-AAOX Free to use with attribution; the underlying files are at Open data.